LARGEST MEXICAN DRILLER NEEDS MONEY

Grupo Diavaz -- a closely held company that works with Petroleos Mexicanos, Petroleo Brasileiro SA (PETR4) and China Petroleum & Chemical Corp. (386) in Mexican fields -- will hold talks with stock exchange officials in the coming weeks with a view of debuting in capital markets next year, Chairman Luis Vazquez Senties said in an interview.
"We're going to have to be prepared for a large increase in required financing," Vazquez, who founded the company with his brother, said Sept. 1 at his Mexico City offices. "The first possibility we are looking at is a public offering or a bond offering. We are analyzing which could be the better option to continue growth as the market…
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